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Skate launches the proposal vote for the Genesis staking incentive program, aiming to stake 15 million Tokens.
Odaily News The Skate Foundation announced that the voting for the “Genesis Stake Incentive Program” proposal based on ezSKATE has commenced. This program is supported by Renzo's Flow Vault and aims to enhance SKATE stake participation and strengthen DAO governance. The program lasts for two months, setting a target annual interest rate of 12%, and will distribute 300,000 SKATE as rewards, with the goal of staking at least 15 million SKATE (approximately 1.5% of the total supply) through ezSKATE. The proposal voting will end on September 6.